City News

City News & Updates

25/4/2024: We are adopting a strategy to find single landowners who own large land parcels of 30 acres or more in slightly interior locations. These areas must be accessible by proper roads. This approach gives us strong negotiating power with landowners who may feel pressured to sell their land, especially if it has been passed down from their forefathers and they are eager to move to cities.

Some of these landowners may be farmers whose lands are dry and unproductive, or locations making it challenging to transport produce to cities for sale. Our goal is to acquire these lands at lower costs and develop them ourselves using natural farming and permaculture methods.

Once we establish connections with these large land parcels and landowners, we will enter legitimate agreements with them and begin land development and construction work. This approach allows us to work with our existing customers, and the necessary clauses documented in such agreements will also enable our society to acquire more land from the same landowner in the future as our self-sustainable city initiative attracts more customers.

22/4/2024: We have been surveying the lands surrounding the highway from Visakhapatnam to Srikakulam. Although the government price per acre is around Rs.11,00,000, the selling prices set by landowners are much higher, ranging from one crore rupees to even as high as one crore sixty lakh rupees. Prices increase for lands within one kilometer perpendicular from the highway, while the costs decrease as the land location moves further away, up to 8 kilometers inside.

Further interior lands are priced around sixty lakh rupees, but these areas often lack proper infrastructure such as electricity poles and tar roads. The rural roads are typically narrow, curvy, and can pose potential dangers during travel, so caution is advised.

The real estate scene in these areas consists mainly of plot projects funded by Tax-evaded income or individuals from salaried classes treating them as investments under a Ponzi scheme model. There is little visible growth in terms of proper infrastructure, housing development, or economic advancement. The lands are often dry with extensive chemical farming, and landowners' asking prices remain exorbitantly high.

As a result, we have decided to halt our land sourcing efforts in this area. We are now focusing on areas around Araku that are not part of agency areas and where lands can be legally purchased by non-tribals without any legal complications. We will provide further updates on our progress soon.

21/4/2024: We are actively working on sourcing a suitable strategic location along the Visakhapatnam to Srikakulam highway. Our focus is on finding a site in close proximity to the Bay of Bengal beach that aligns with our project's goals and vision. We aim to find a location that supports our self-sustainable city initiative and offers an ideal setting for our future community.